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Dec 27, 2012
12/12
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so some people are giving more and deciding "i'm going to get the tax break now and do it while it's a good thing for sure" and some people are putting off the decision deciding they isle give more later. so we're seeing a mixed bag but it's a tough time because this is the time of year when most people are doing a lot of charitable giving. >> ifill: let me get your name right this time, jackie, and ask you about federal employees. they are affected by this. there are furloughs, cutbacks, tell me what people are thinking. >> well, federal employees are in the unuely bad position of facing peril regardless of whether there's a deal. or whether sequestration and the fiscal cliff occurs. >> ifill: the across-the-board cuts. why does it work that way? >> in the event no deal is made and we do have the automatic cuts known as sequestration starting in january, federal employees face job loss and in some situations-- certainly in the department of defense-- but throughout the federal government people will be furloued, forced to take unaid days o, anywhere from 20 to 50 days. we really don
so some people are giving more and deciding "i'm going to get the tax break now and do it while it's a good thing for sure" and some people are putting off the decision deciding they isle give more later. so we're seeing a mixed bag but it's a tough time because this is the time of year when most people are doing a lot of charitable giving. >> ifill: let me get your name right this time, jackie, and ask you about federal employees. they are affected by this. there are furloughs,...
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Dec 26, 2012
12/12
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wealth yearl people will see an additional tax-- an additional medicare tax. their payroll tax will if up by .9%, and there label tax for the first time on non-wage income in medicare for people who earne. over $200,000 for an individualo $250,000 for a couple. there will be a tax on investment income for the first time. there will also be a limit onpe what you can put aside in the so-called flexible spendings account. these are places you can putan pretax money. basically it hundreds you pay for things that your insurance doesn't cover, things liketi orthodontia, perhaps, or eye glass or your deductibles and co-pays on your insurance plans.,0 usually there could be no limitn or a large limit of $5,000, $6, 000, and that's being cut toar $4500. those are a couple of thingshi people will experience next20 year. >> suarez: which means you'll have plenty of work to do in 2013. >> i will have plenty of work to do in 2013. >> suarez: npr's julie rovner, thanks a lot. it >> ifill: next, protecting civilians in a conflict zone with eyes and a notepad.n the island of
wealth yearl people will see an additional tax-- an additional medicare tax. their payroll tax will if up by .9%, and there label tax for the first time on non-wage income in medicare for people who earne. over $200,000 for an individualo $250,000 for a couple. there will be a tax on investment income for the first time. there will also be a limit onpe what you can put aside in the so-called flexible spendings account. these are places you can putan pretax money. basically it hundreds you pay...
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Dec 25, 2012
12/12
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parker says oakland has already heavily invested in system to tax and regulate dispensaries. >> we laugh a great deal of time and energy and money setting up this system that is consistent with california law. and is a tragic way of the government's resources. >> but others say potash shops never should have been able to open 2349 first place. >> federal law, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of marijuana. a lobbying group based in sacramento. pot is unsafe and ineffective. not a -- an 'digtive, dangerous drug. >> not a medicine. always been a joke, a cruel hoax, always has been, always will be. f.d.a. will never approved it for any product to be deemed a medicine. >> with the recent legalization of medical marijuana in washington and colorado national leaders are re-examining pot policies. the justice department soon expected to issue a response which now allow adults 21 and old tore possess up to one ounce legally. on capitol hill, senate judiciary chairman patrick leahy called for congressional hearings on the issue an
parker says oakland has already heavily invested in system to tax and regulate dispensaries. >> we laugh a great deal of time and energy and money setting up this system that is consistent with california law. and is a tragic way of the government's resources. >> but others say potash shops never should have been able to open 2349 first place. >> federal law, law of the land or is it law, that's the bottom line. >> carla lowe is citizens against legalization of...
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Dec 28, 2012
12/12
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the taxing authority. we have the constitutional authority and duty to go in there and tax and spend and create that budget. also we beat up obama and rightly so for the lack of transparency in the obama care debate and we are having four people negotiate the budget. put it back into paul ryan's hands and let's lead. >> i heard paul ryan's name mentioned. of course, his office, don't look at us. we support boehner. but look, if there was some revolt, if this thing is real and people will start mentioning ryan and it builds and builds and builds, i mean would he be somebody who said no to that? >> i think he would say no very quick. he might have other plans perhapses in 2016 and running for speaker, win, lose or draw would be bad for all those plans. i consider are this rahmer to be a three beer rumor which is after about the third beer people like we should replace boehner and that sounds like a good idea and repeat that enough and then it becomes a rumor. look, the staff i talked to on the hill, even the
the taxing authority. we have the constitutional authority and duty to go in there and tax and spend and create that budget. also we beat up obama and rightly so for the lack of transparency in the obama care debate and we are having four people negotiate the budget. put it back into paul ryan's hands and let's lead. >> i heard paul ryan's name mentioned. of course, his office, don't look at us. we support boehner. but look, if there was some revolt, if this thing is real and people will...
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Dec 27, 2012
12/12
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let the bush tax cuts expire. make sure the middle class doesn't have to pavement the schif a manufactured media drama. >> laura: wow, can you say out of touch? joining us now from new york is maxwell a democratic strategist and guy benson the political editor for "town hall.com." okay. this is quite something. we have been hearing from the obama white house, the congressional budgetffice and any number of conservative economistst that this is serious. that we have got to get this thing done that we have got to get it in order. or at some point america's full faith and credit is going to go away. we are not going to look so good to the rest of the world as far as credit risk. so let's talk to you about this. is this a manufactured media crisis or does something substantial need to be done here? >> well, i certainly think that the fiscal cliff, that language is a manufactured media narrative. that americans believe on january 1 we are going to be standing in line for bread. that's not going to happen this is all be
let the bush tax cuts expire. make sure the middle class doesn't have to pavement the schif a manufactured media drama. >> laura: wow, can you say out of touch? joining us now from new york is maxwell a democratic strategist and guy benson the political editor for "town hall.com." okay. this is quite something. we have been hearing from the obama white house, the congressional budgetffice and any number of conservative economistst that this is serious. that we have got to get...
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Dec 27, 2012
12/12
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republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing tax increases to tack effect on january 1st and then on the third when the new congress is sworn in, lawmakers can vote to cut taxes. >> the new year brings another deadline for homeowners. december 3rd 1 the last day toa play for the homestead tax credit. the credit is supposed to put a limit on an increase in property taxes if the home's assessment value jumps but it's only supposed to go for a primary residence. its going into effect to eliminate the credit for people who shouldn't be getting it. >> we have plenty ofen eligible properties getting credits they aren't entitled to. in 2007 the general assembly passed another bill requiring a one time appli
republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing tax increases to tack effect on january 1st and then on the third when the new congress is sworn in,...
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Dec 30, 2012
12/12
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if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man w
if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com....
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Dec 31, 2012
12/12
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. >>> tax hikes and spending cuts are hours away. down to the deadline if congress and the president are going to stop the nation from going over the fiscal cliff. without a deal, taxes are set to go up on about every american. >> reporter: talks continue but this morning, still no deal. republicans and democrats nee gobuated all weekend, with the hope of passing legislation that would protect most people from a massive tax hike, set to kick in type at midnight. our top priority is make sure taxes on middle class families don't go up to hurt the economy badly. >> reporter: optimism about a deal over the weekend, when the republican leader in the senate made an offer, that all ended when senate majority leader said he couldn't present a counter proposal, in a hail mary, he phoned for help. >> i placed a call to the vice president to see if he could jump start the negotiations on his side. i'm willing to get this done. i need a dance partner. >> reporter: white house officials say vice president biden is now playing a direct role in th
. >>> tax hikes and spending cuts are hours away. down to the deadline if congress and the president are going to stop the nation from going over the fiscal cliff. without a deal, taxes are set to go up on about every american. >> reporter: talks continue but this morning, still no deal. republicans and democrats nee gobuated all weekend, with the hope of passing legislation that would protect most people from a massive tax hike, set to kick in type at midnight. our top priority...
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Jan 1, 2013
01/13
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no matter how much you tax the workers. yet, the obama administration and the democratic party continue to put forth that higher taxation will bring the massive government debt under control. perhaps the only democrat telling the truth about this is our old pal, howard dean, the uber liberal former governor of vermont. >> the truth is everybody needs to pay more taxes, not just the rich. that's a good start, but we're not going to get out of this deficit problem unless we raise taxes across the board. >> bill: now, governor dean sympathizes with the socialist philosophy and that's where the country is heading. taking from those who are productive and giving to those who are struggling. or who are working for the massive government apparatus. during this christmas season, i think we all should emulate officer deprimo, we should try to help those in need, but that help may be futile, if the government doesn't wise up and stop the incredible entitlement spending, america's economy will eventually collapse. president obama need
no matter how much you tax the workers. yet, the obama administration and the democratic party continue to put forth that higher taxation will bring the massive government debt under control. perhaps the only democrat telling the truth about this is our old pal, howard dean, the uber liberal former governor of vermont. >> the truth is everybody needs to pay more taxes, not just the rich. that's a good start, but we're not going to get out of this deficit problem unless we raise taxes...
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Dec 28, 2012
12/12
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. >>> time is running out for homeowners to take advantage of a tax credit. >>> we reveal the cream of skin products. >>> we begin with winter weather. we hope that nothing is moving in and it stays calm. >>> a nice stretch, rosy in the day tomorrow, the wicked winds of today are diminishing, breezy and winds northwest, 10 to 15, even the peak wind gusts are down. things are quieting down. wind chills in the 20s. while one storm continues to head out into eastern kansas, a new storm on the texas coast and that will be the saturday weather maker. doesn't look like much now but it is headed our way for the first half of the weekend and it will mean winter weather for maryland and we got the details in a few minutes. >>> have you been swammed with news of a fiscal cliff where your property rates could rise if you don't take action. for half a million marylanders, they may be missing out on free money. we have more on that. >> reporter: we are talking about losing hundreds and possibly thousands of dollars if the homestead tax credit mick -- application is not filled out. we learned that m
. >>> time is running out for homeowners to take advantage of a tax credit. >>> we reveal the cream of skin products. >>> we begin with winter weather. we hope that nothing is moving in and it stays calm. >>> a nice stretch, rosy in the day tomorrow, the wicked winds of today are diminishing, breezy and winds northwest, 10 to 15, even the peak wind gusts are down. things are quieting down. wind chills in the 20s. while one storm continues to head out into...
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Dec 30, 2012
12/12
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if a deal is note struck, tax hikes and budget cuts will kick in. it seems unlikely they can write a comprehensive budget bill in time. they are thinking of a fall back plan. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed to keep talking. >> it was constructive. >> it was constructive. >> i'm hopeful and optimistic. >> as snow fell on mostly deserted washington, two sides continued bargaining. if there some on deal, president obama wants smaller bill extending tax cuts making $250,000 or less and continuing unemployment benefits for millions that will lose them. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> we can still avoid going over the fiscal cliff if the president and democratically controlled senate step forward to solve this problem and solve it now. >> frustration over the im
if a deal is note struck, tax hikes and budget cuts will kick in. it seems unlikely they can write a comprehensive budget bill in time. they are thinking of a fall back plan. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed to keep talking. >> it was constructive. >> it was constructive....
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Dec 28, 2012
12/12
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you, me and come tuesday, all of our taxes will go up and here's how it could affect you. if you are living paycheck to paycheck with no room to cut expenses you could be in real trouble if this agreement is not reached. a failure to renew the bush era tax cuts could mean 2 to 4,000 dollars per year in increases for most americans. according to the towson university it breaks down like this. if you make 25,000 dollars a year, your taxes are going up about 42 dollars a month if you make 45k, 75 dollars a month. if you make 65,000, your taxes are going to go up 108 a month and if you make 85,000 a year, you're going to go up 143 dollars a month. that's you and me. think about the super rich. someone like lebron james who make 53 million a year his taxes are going up 2 1/2 million dollars a year alone. as for americans, who are they blaming? a study by roisters shows that a-- reuters shows among the groups blamed 27% say this falls in the laps of republicans 16% say president obama's fault and 6% say it's the responsibility of congressional democrats. the largest number this
you, me and come tuesday, all of our taxes will go up and here's how it could affect you. if you are living paycheck to paycheck with no room to cut expenses you could be in real trouble if this agreement is not reached. a failure to renew the bush era tax cuts could mean 2 to 4,000 dollars per year in increases for most americans. according to the towson university it breaks down like this. if you make 25,000 dollars a year, your taxes are going up about 42 dollars a month if you make 45k, 75...
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Dec 26, 2012
12/12
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, maybe even higher corporate taxes, lower government spending. i mean, that in and of itself is an austerity plan that we're waiting for, isn't it? >> i don't think it's necessarily austerity. the reductions in spending over time can happen over time, the way our government keeps track is over a decade. >> right. >> so we don't need to do it all today, and as far as higher taxes go, there's a group of people who will sign this pledge not to raise taxes, and, you know, more than two-thirds are millionaires who said, you know what, we'll pay more taxes because in the end analysis, the investment we would make in paying more in taxes to get the economy going will return in wealth very quickly if we get the economy back to where it should be. >> there's a very good article on cnbc.com about the possibility that congress might decide to start tax is employer-sponsored health insurance. do you think that's a possibility, and what impact would that have on you? >> everything needs to be on the table. if we're going to have a good solution that gets at o
, maybe even higher corporate taxes, lower government spending. i mean, that in and of itself is an austerity plan that we're waiting for, isn't it? >> i don't think it's necessarily austerity. the reductions in spending over time can happen over time, the way our government keeps track is over a decade. >> right. >> so we don't need to do it all today, and as far as higher taxes go, there's a group of people who will sign this pledge not to raise taxes, and, you know, more...
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taxes have gone up as of midnight, so many are looking at this as a tax cut, which are technically would be. the number of republicans pointing out the lack of spending cuts. $15 billion worth of spending cuts, there is new spending we consider emergency unemployment benefits, long-term unemployment benefits. at least some republicans support the deal or want to see the deal go through. that is the fight they want to have on the debt ceiling and that is how they will get to this, the debt ceiling $200 billion of spending authority left in the extraordinary measures they are going through, so you have to have that next fight. some say you clear the way by getting this off the table and then you have another spending fight, cheryl. cheryl: i guess it depends on which democrats are saying that. we have gotten bits and pieces, and it is funny nancy plosive mentioned that in the press conference, she said are you saying i'm getting information from the media, i will not answer that but the media has been talking to some in the g.o.p. and they are not happy. at what point does house speaker bo
taxes have gone up as of midnight, so many are looking at this as a tax cut, which are technically would be. the number of republicans pointing out the lack of spending cuts. $15 billion worth of spending cuts, there is new spending we consider emergency unemployment benefits, long-term unemployment benefits. at least some republicans support the deal or want to see the deal go through. that is the fight they want to have on the debt ceiling and that is how they will get to this, the debt...
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Dec 27, 2012
12/12
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happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a
happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g...
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Dec 30, 2012
12/12
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brian, no one wants their taxes to go up. we know come tuesday, everyone who gets a paycheck will get less money in it unless a deal is reached. i know you've been talking to people and getting the pulse of the country, what are they saying to you? >> you know, martin, you're right, gallup did a recent poll taking a look at this. let's take a look. the recent poll shows that 68% of americans are saying lawmakers are should compromise in order to reach this fiscal cliff solution. only 22% think those lawmakers need to stick to their guns and not budge. either on tax increases or spending cuts. >> so we know that gridlock has been a big problem and we're seeing more, it appears on this issue. in the end could this result in who has the upper hand in public support? >> that's the game they're playing, is it the republicans to blame or the democrats? president obama has seen an increase in his numbers as they've been going through this. as you saw with dana bash, they're at a standstill, who knows what they're going to do. we ask
brian, no one wants their taxes to go up. we know come tuesday, everyone who gets a paycheck will get less money in it unless a deal is reached. i know you've been talking to people and getting the pulse of the country, what are they saying to you? >> you know, martin, you're right, gallup did a recent poll taking a look at this. let's take a look. the recent poll shows that 68% of americans are saying lawmakers are should compromise in order to reach this fiscal cliff solution. only 22%...
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Dec 30, 2012
12/12
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should it be a carbon tax, a cat capt. trade legislation? there are now conservative groups who are advancing with free-market branded solutions. the other day, a filler in the conservative booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. whe
should it be a carbon tax, a cat capt. trade legislation? there are now conservative groups who are advancing with free-market branded solutions. the other day, a filler in the conservative booth, came out in support of a carbon tax. [applause] grover norquist chemo for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political...
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Dec 31, 2012
12/12
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CSPAN2
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-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax rates. bools, a -- bowles-simpson, a bipartisan group, actually lowered tax rates and did it by eliminating deductions and exemptions and they put a lot of money on the debt, they had a 25% corporate rate and the top personal rate was 30%. they took this $1.2 trillion we give out every year in exemptions and deductions to the favored few, they brought it back into the treasury, they paid down debt and they lowered tax rates to help create jobs. this president's approach is the opposite of simpson-bowles and the gang of six. you had six senators, t
-- tax rates on people that make over $400,000. i don't think that's a good idea because i think it hurts job creation. the better way to get revenue is to eliminate deductions and exemptions for businesses and wealthy individuals and take that money back into the treasury, lower tax rates to create jobs and pay down debt. that's what bowles-simpson did. not juan bipartisan group who has tried to solve our debt problem and our spending problem and our revenue problem suggested raising tax...
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Dec 28, 2012
12/12
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if taxes go up, they may cut back on their spending. this is likely to have a damaging effect. >> you will keep us posted. it has been a bleak midwinter across the u.s.. this has brought snow, blizzards, and even tornadoes. there's more bad news on the way. over the next few days, another stormy area of low pressure will sweep up from the gulf of mexico. it will bring more rain and snow, this time washington and new york could be hit as well. >> a wicket when to remix is wreaking havoc on the nation's midsection. -- a wicked winter remix is wreaking havoc on the nation's midsection. this has ruined plans for tens of thousands. the national weather service says the heaviest the commissions will be in northern pennsylvania. and parts of the northeast, they are taking the snow in stride. >> i love it. this is part of living in new england. >> standard new england weather. >> this is mostly bringing heavy rain and strong winds of up to 70 miles per hour. this is causing more problems for travelers. at least 355 have been cancelled today. in
if taxes go up, they may cut back on their spending. this is likely to have a damaging effect. >> you will keep us posted. it has been a bleak midwinter across the u.s.. this has brought snow, blizzards, and even tornadoes. there's more bad news on the way. over the next few days, another stormy area of low pressure will sweep up from the gulf of mexico. it will bring more rain and snow, this time washington and new york could be hit as well. >> a wicket when to remix is wreaking...
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Dec 25, 2012
12/12
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goodnight steven king who is wearing a tax. goodnight unknowns and goodnight famous, goodnight elmore leonard and martin a mist. and goodnight 1995 nobel prize winner. it was the best i could do at that one. goodnight stars, goodnight air, goodnight writers everywhere. thank you. [applause] ♪ >> for more information about the national book awards, visit national book.org. >> we don't know whether franklin roosevelt ever heard about the unprecedented call for health care as a right. even though he had endorsed the conference, he chose that time to go on vacation. fdr was actually ana cruz. i guess we can't really blame him. it was probably pretty well deserved vacation to three years earlier fdr had refused to include medical coverage is part of the social security act because he did not want to antagonize the medical profession. he did send a message of support to the health conference but not long afterward the outbreak of world war ii force the president's attention elsewhere. five years later on january 11, 1944 in his sta
goodnight steven king who is wearing a tax. goodnight unknowns and goodnight famous, goodnight elmore leonard and martin a mist. and goodnight 1995 nobel prize winner. it was the best i could do at that one. goodnight stars, goodnight air, goodnight writers everywhere. thank you. [applause] ♪ >> for more information about the national book awards, visit national book.org. >> we don't know whether franklin roosevelt ever heard about the unprecedented call for health care as a...
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Dec 28, 2012
12/12
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KRON
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bush-era of texas taxes >> and. nobody wants. to really work they just want to play the name game. >> putting over the edge that the scenario is allowing tax increases to take effect and on january 3rd, the lawmakers are going to be able to cut taxes. elisabeth corridon.. awarding. >> both obama and the senate returned to washington today after a christmas break. house leaders announced the chamber would reconvene sunday and possibly stay in session until a new congress is sworn in january third. someone hacked into her the san francisco muni service will be free this friday to celebrate muni's 100 years of service. and 100 years of customer support. all buses.including light rail lines and cable cars will be free from 5 a-m friday through 5 a-m saturday muni officials initially considered charging a five cent fare.the price riders paid a century ago. but ride free instead. muni service will also be between 8 p.m. monday through 6 a.m. tuesday. >> jacqueline: it was dry but the rain fall overturns. with mostly clear
bush-era of texas taxes >> and. nobody wants. to really work they just want to play the name game. >> putting over the edge that the scenario is allowing tax increases to take effect and on january 3rd, the lawmakers are going to be able to cut taxes. elisabeth corridon.. awarding. >> both obama and the senate returned to washington today after a christmas break. house leaders announced the chamber would reconvene sunday and possibly stay in session until a new congress is...
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Dec 26, 2012
12/12
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KPIX
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it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have murdered his sister. her body was found yesterday, and police say william spamglor had the same kind of military rifle used in the connecticut school massacre. he left behind a chilling note. >> reporter: the christmas eve fire in western new york burned seven homes to the ground, but police say william spangler wanted to do much worse. he planned to burn down the entire neighborhood and "do what i like doing best, killing people." the 62-year-old shot at firefighters from a nearby bank. he killed two of them before taking his own life. police found his note and three guns, including a bushmaster rifle, similar to the weapon used m connecticut school shooting. >> he is a convicted felon. he had murdered his grandmother in 198
it would extend the bush era tax cuts for households making less than $250,000, extend long-term unemployment, short-term spending cuts, and make a scheduled drop in medicare reimbursement to doctors. house speaker john boehner said they've had no communication with senator reid. >>> the exconwho ambushed and killed two volunteer firefighters in upstate new york may have murdered his sister. her body was found yesterday, and police say william spamglor had the same kind of military...
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Dec 28, 2012
12/12
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WGN
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the democrats want to extend the bush era tax cuts for those thinking less than $250,000. >> to taxes will go up for every taxpaying american. republicans are not about to write a blank check to us because we find ourselves at the edge of the cliff. >> consistently show that a majority of americans support the president's position on tax es. >> did the shooting as the chicago at 500 homicides for the year. >> so far no comment yet. chicago police have been working hard to prevent it. the 500 happened last night. the shooting death on the west side. 40 year-old nathaniel jackson was pronounced dead just after midnight. three hours after he was shot in the head. his death pushed chicago homicide rate to 500. today that is the talk of the town. >> it is crazy. i think these people are going out of their mind. the need to do something about >> this is only the second time this decade that the homicide rate has hit 500. there were 512 in 2008. the number dropped in recent years. earlier this you're the police superintendent shook up the department to target high crime areas. some feel that
the democrats want to extend the bush era tax cuts for those thinking less than $250,000. >> to taxes will go up for every taxpaying american. republicans are not about to write a blank check to us because we find ourselves at the edge of the cliff. >> consistently show that a majority of americans support the president's position on tax es. >> did the shooting as the chicago at 500 homicides for the year. >> so far no comment yet. chicago police have been working hard...
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Dec 30, 2012
12/12
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MSNBCW
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all the tax cuts including the tax cuts for the wealthy expire on january 1. so that is sort of a short term advantage. these programs, medicare, social security are incredibly popular. cutting them is unpopular. republicans' basic agenda is to cut them. some want to cut them or reform them for totally good reasons that costs are rising over time and as the population ages they take up more and more of the economy and more government spending. they are at a strategic disadvantage which is they want to cut programs that are incredib incredibly popular. anytime you are set against the consensus of public opinion it is a difficult course. you have to acknowledge that reality. as long as obama and democrats have that they will have the leverage as we repeat the negotiations in the decades to come. >> thank you for joining me. stick around we will be speaking with you two later this hour. >>> coming up the republican who is not afraid to stand up to his own party joins us live. what does he make of the sudden turn in the fiscal talks? is there still time to hammer
all the tax cuts including the tax cuts for the wealthy expire on january 1. so that is sort of a short term advantage. these programs, medicare, social security are incredibly popular. cutting them is unpopular. republicans' basic agenda is to cut them. some want to cut them or reform them for totally good reasons that costs are rising over time and as the population ages they take up more and more of the economy and more government spending. they are at a strategic disadvantage which is they...
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Dec 27, 2012
12/12
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KGO
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. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being furloughed and unemployment benefits for two million people could expire saying the nation will fall back into a recession. there are reports hairy reed is now working on a smaller deal than the one the president negotiate yatesed with house speaker john boehner. >> the package reportedly preventing tax increases on middle class families and cut some spending programs but it's not clear such a plan could pass. >> star bucks is using its coffee cups to jump into washington politics. the world's biggest coffee chain asking employees and cafes to write something other than customer names on cups wanting workers to scribble words come together on cups this week as a message to lawmakers to settle this fiscal cliff issue. >> jipgs president morsi signed the country's new constitution into law today. >> he called on the opposition to the opposition restricted the new constitution. >> the parts were draft bid islamist leaders. morsi revoked sweeping powers he
. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being furloughed and unemployment benefits for two million people could expire saying the nation will fall back into a recession. there are reports hairy reed is now working on a smaller deal than the one the president negotiate yatesed with house speaker john boehner. >> the package reportedly preventing tax increases on middle class families and cut some spending programs but it's not clear...
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Dec 30, 2012
12/12
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CNNW
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the tax policy center has a tax calculator. so it allows you to estimate how your family could be affected. josh levs is here in atlanta breaking down the different scenarios. the only thing you can't say is i'm going to start a drinking game. don't say kick the can down the road. jifs not going to use that phrase. i have been covering this at cnn.com and doing everything i can to avoid saying things like that. the figure a lot of people know if you know any figure is $2,000 because president obama says it a lot. the average family will end up spending $2,000 more if the fiscal cliff is not averted. let me show you something. you can find out how it would impact you directly by using this. there's a lot of numbers you have to plug in to make sense of it. obviously it can't be exact, it can't be precise, it can't predict the future, but i want to show you some examples we have pulled out. let's go to the graphic here that has a few of the examples we're showing you here. it would take, for example, this scenario, married with no
the tax policy center has a tax calculator. so it allows you to estimate how your family could be affected. josh levs is here in atlanta breaking down the different scenarios. the only thing you can't say is i'm going to start a drinking game. don't say kick the can down the road. jifs not going to use that phrase. i have been covering this at cnn.com and doing everything i can to avoid saying things like that. the figure a lot of people know if you know any figure is $2,000 because president...
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Dec 26, 2012
12/12
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FOXNEWSW
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we are joined by tax attorney marty for your taxes. >> if you want to reduce your taxes now or in 2013. >> how do you decide that? >> you have to run the numbers. are you in the alternative minimum tax rate and you have to really run your numbers and look at 2012 or 2013. you may be a higher bracket in 2013 and may want to take the deductions in 2013 rather than 2012. >> if you want to review the 2012 taxes you say prepaid state income taxes. >> if you pay the state income taxes that may be due next april 159 you have a large capitol gains maybe you sold something you can do that. one of the things you have to keep in mind in doing all of this you have to figure out the alternative minimum tax. there are two systems of taxation. the alternative minimum is a separate one you have to compute. doesn't allow you to conduct military business. you have to run the numbers both ways. for 2012 unfortunately congress hasn't even finished writing the 2012 laws let alone the fiscal cliff. they are going to be over 30 million people in taxes unless they do something called the amt patch. it is some
we are joined by tax attorney marty for your taxes. >> if you want to reduce your taxes now or in 2013. >> how do you decide that? >> you have to run the numbers. are you in the alternative minimum tax rate and you have to really run your numbers and look at 2012 or 2013. you may be a higher bracket in 2013 and may want to take the deductions in 2013 rather than 2012. >> if you want to review the 2012 taxes you say prepaid state income taxes. >> if you pay the...
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Dec 31, 2012
12/12
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CNNW
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the other place is the estate tax. the estate tax is scheduled to rise by quite a bit at the stroke of midnight tomorrow night. republicans want to keep it low, democrats want it to go up a little bit. there's room for compromise there. and so, you know, it's not just marginal rates that are going up, there's a series of taxes that they're going to change. the thing that could not be settled today was this change cpi. essentially a benefit cut for social security recipients. that led to a breakdown in negotiations today, because republicans wanted those benefit cuts to social security. and democrats said no way. and that was the sticking point and that's when this thing moved from the senate over to biden and mcconnell where it is and will be overnight. we're not going to know until tomorrow morning if they come up with something. >> yes, and the senate went home, obviously. here's my question. i know we're americans, we're very myopic, we like to think everything is just about us here. this isn't just about americans,
the other place is the estate tax. the estate tax is scheduled to rise by quite a bit at the stroke of midnight tomorrow night. republicans want to keep it low, democrats want it to go up a little bit. there's room for compromise there. and so, you know, it's not just marginal rates that are going up, there's a series of taxes that they're going to change. the thing that could not be settled today was this change cpi. essentially a benefit cut for social security recipients. that led to a...
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Dec 25, 2012
12/12
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WBAL
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. >> anyone who has not taken advantage of the tax credit, act fast. you have a few days to save hundreds of dollars. officials are reminding all consumers to postmarked applications by december 31 or you'll have to wait another year. the legislation in 2007 by the state general assembly. homeowners must submit eligibility, which limits the amount of assessment increase. spending the holidays at home is not in the plans for george h. w. bush. he is spending another night in hospital. he has been in the hospital since last month with a lingering bronchitis' cough. doctors had hoped to release them but he delivered a fever. doctors say they are optimistic he will recover. the good news come he is surrounded by his wife and other relatives. nelson mandela is looking better after two weeks in the hospital. he had surgery to remove gall stones and developed a lung infection. no word on whether the former president will be released but he does remain in good spirits. she had a memorable moment with daniel craig and now queen elizabeth's's christmas message i
. >> anyone who has not taken advantage of the tax credit, act fast. you have a few days to save hundreds of dollars. officials are reminding all consumers to postmarked applications by december 31 or you'll have to wait another year. the legislation in 2007 by the state general assembly. homeowners must submit eligibility, which limits the amount of assessment increase. spending the holidays at home is not in the plans for george h. w. bush. he is spending another night in hospital. he...
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Dec 27, 2012
12/12
by
WMAR
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. >>> pay more in taxes and spending cuts are coming. that's what is going to happen if congress can't come to an agreement. it looks like we are getting to the edge of the -- closer to the edge of the fiscal cliff. >>> you can wrap up the gambling then come home and watch "good morning maryland." beginning today, maryland live casino will open their doors at 8:00 a.m. and they will never shut again. 24/7 gambling. beginning on this thursday, december 27th. "good morning maryland." >>> i'm charlie crowson. >> and i'm megan pringle. >> thank you for joining us on this thursday morning. we're going to head out live to the casino later on but in the meantime headed anywhere you need to know how the weather is going to be. here's meteorologist mike masco. >> you think linda is gambling this morning? >> absolutely. yes. >> 41 in town but outside the beltway. 36 timonium and bel air good morning to you. 35. it's a chilly morning and we do have a coastal flood advisory so fort mchenry tunnel just some minor flooding right now. port deposit near
. >>> pay more in taxes and spending cuts are coming. that's what is going to happen if congress can't come to an agreement. it looks like we are getting to the edge of the -- closer to the edge of the fiscal cliff. >>> you can wrap up the gambling then come home and watch "good morning maryland." beginning today, maryland live casino will open their doors at 8:00 a.m. and they will never shut again. 24/7 gambling. beginning on this thursday, december 27th....
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Dec 24, 2012
12/12
by
FOXNEWSW
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in another survey 1 in 4 shoppers say higher taxes mean smaller holiday budgets. a ho hum christmas may mean tough times for the economy but ef with one more shopping day until christmas. the retail industry and the economy may depend on whether record traffic transforms into real spending. back to you. >> how about this for a jobs program. law enforcement positions now going to ordinary citizens not those sworn in, just ordinary citizens. we will tell you where it is happening and how it's working out. [ male announcer ] wouldn't it be cool if we took the already great sentra apart and completely reimagined it with best-in-class combined mpg, and more interior room than corolla and civic? and a technology suite with bluetooth, navigation and other handy stuff? yeahthat would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169-per-month lease on a 2013 nissan sentra. ♪ >> in indiana a special tribute in the wake of a traffic event there. the community of richmond hill left devastat
in another survey 1 in 4 shoppers say higher taxes mean smaller holiday budgets. a ho hum christmas may mean tough times for the economy but ef with one more shopping day until christmas. the retail industry and the economy may depend on whether record traffic transforms into real spending. back to you. >> how about this for a jobs program. law enforcement positions now going to ordinary citizens not those sworn in, just ordinary citizens. we will tell you where it is happening and how...
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Jan 1, 2013
01/13
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MSNBCW
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members of both political parties who badly want these middle class taxes rolled back fa fast, "what the senate did this morning makes it easier for house republicans to follow suit. it was a rare bipartisan vote, 89-8. two hours after america went off the fiscal cliff, vice president biden came to the capitol to sell the fix he worked out with gop leader mitch mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiewealthi est americans. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner
members of both political parties who badly want these middle class taxes rolled back fa fast, "what the senate did this morning makes it easier for house republicans to follow suit. it was a rare bipartisan vote, 89-8. two hours after america went off the fiscal cliff, vice president biden came to the capitol to sell the fix he worked out with gop leader mitch mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did...
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Dec 28, 2012
12/12
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MSNBCW
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automatic tax cuts and smaller paychecks hang in the balance. american military hero, four-star general known as stormin' norman schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting in many ways a last opportunity for the president and congressional leaders to reach a deal and get something done before this year is over. if this meeting is unsuccessful it could seal this country's fate, as some developments yesterday. house members no longer on stand by. ready to come back sunday. to take a vote. when these tax cuts expire just about every worker is going to see their paycheck reduced. it's going to eliminate unemployment extensions and initiate spending cuts across the board. >> how will people see this in their paychecks and in their taxes? >> workers wil
automatic tax cuts and smaller paychecks hang in the balance. american military hero, four-star general known as stormin' norman schwarzkopf has died. >>> a fiscal milk cliff is looming. bears over the bruins in the holiday bowl. >>> good morning, even as the finger pointing continues on capitol hill this morning, new hope on a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. danielle leigh joins us. >> that meeting...
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Dec 30, 2012
12/12
by
CSPAN
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eye 101
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, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- for example -- >> well, i think the problem with that is -- and, grover norquist, by the way, he did decide -- well, you know, the thing -- i think what convinces conservatives is the fact that once they are smart enough -- and those who are smart enough to realize we're not making this stuff up, and there are most -- and i think a lot of them are smart enough to realize that, then, they start to think, well, gee, if we let -- if we continue to deny this, we'll reach a point where things happen like super sandys. and then, the government is going to -- that's pearl harbor and the government will take over like the government took over detroit and said, you can't make cars anymore. you're gonna make airplanes and you're not gonna make money. they don't want that to happen, so -- something gonna do about it before -- intervention now -- >> yeah. >> is better than more intervention later, more government -- >> right. >> intervention
, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- for example -- >> well, i think the problem with that is -- and, grover norquist, by the way, he did decide -- well, you know, the thing -- i think what convinces conservatives is the fact that once they are smart enough -- and those who are smart enough to realize we're not making this stuff up, and there are most -- and i think a lot of them...
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Jan 1, 2013
01/13
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CSPAN
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to make sure that families in america through the child tax credit, the earned income tax credit, and student loans are stabilized for their planning in the calendar year 2013. the r&d tax credit is extended. there is a lot in this package that's good. there is a lot in this package, i should say, there's a lot that's not addressed at all in this package. we have a debt ceiling crisis pending. we have a sequestration crisis pending. it must be addressed. or it's going to have a huge drag on the united states' economy and in the case of the debt once again revisit the issue of default for the first time in american history. so it's not a perfect package. but it is something that gets us by while he we tackle the larger issues in the next congress. i pray god that next congress is more willing to compromise than this. i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from new york seek recognition? america online to address the house for one minute. the speaker pro tempore: without objection, the gentleman from new york is recognized f
to make sure that families in america through the child tax credit, the earned income tax credit, and student loans are stabilized for their planning in the calendar year 2013. the r&d tax credit is extended. there is a lot in this package that's good. there is a lot in this package, i should say, there's a lot that's not addressed at all in this package. we have a debt ceiling crisis pending. we have a sequestration crisis pending. it must be addressed. or it's going to have a huge drag on...
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Dec 28, 2012
12/12
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FOXNEWSW
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a new tax coming out. the tax will be put on devices that range from mri's to prosthetics and items in every doctor's office and veterinary offices. it will be passed alongg to consumers and manufacturers say it will result in job loss and stifle innovation and upon send jobs over seas. we went to one manufacturer. adm electronics that employs 19 people to ask them what it means for their industry. >> your company is about to be hit with a 2.3 percent tax on medical devices. >> it means more. it is on gross sales and that can hurt the number of people working for us and number of sales and increase the costs of our device. >> this is a family run business and been in business 40 years. how does it plea out for your company? >> we tried not to lose our employees because we are like family and the devastating impact we may not be able to sustain the number of employees. >> we might have to lay someone off which i have never done before. it is it a tough thing to have to tell somebody. you have no job. >> and
a new tax coming out. the tax will be put on devices that range from mri's to prosthetics and items in every doctor's office and veterinary offices. it will be passed alongg to consumers and manufacturers say it will result in job loss and stifle innovation and upon send jobs over seas. we went to one manufacturer. adm electronics that employs 19 people to ask them what it means for their industry. >> your company is about to be hit with a 2.3 percent tax on medical devices. >> it...
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155
Dec 25, 2012
12/12
by
FBC
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eye 155
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i got a kick out of thigh 2, the question of the, should we tax the richmore. >> yes. >> no. >> i think she goes on instinct, but he understands economy. >> i wish them luck. >> my bottom line if we keep you voting for politicians that want to pass more laws and raise more taxes, and spend more money, the result will be a country governed by piecemeal social implemensocialism,biggest leaves prosperous and less free, being realistic means we have to fight our instinct. that is our show, thanks for watching. watching. good night with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity opon.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account.
i got a kick out of thigh 2, the question of the, should we tax the richmore. >> yes. >> no. >> i think she goes on instinct, but he understands economy. >> i wish them luck. >> my bottom line if we keep you voting for politicians that want to pass more laws and raise more taxes, and spend more money, the result will be a country governed by piecemeal social implemensocialism,biggest leaves prosperous and less free, being realistic means we have to fight our...
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Dec 30, 2012
12/12
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CSPAN
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taxes. if they want to live in america, they should otherwise go back to where they came from. if you have got people just sitting there in the 51%, just sitting without rolling, we need to get them out of the boat. here's the thing, if you have a house and cannot pay your bills, you shut off the cable, the cell phone, you get rid of the excess going to mcdonald's when you do not have the money. we have a spending situation in our government and no one wants to shut it off. the thing about it is the american people want to keep printing money, but there is a day of reckoning coming. when it comes there will be no military and we will have chaos. host -- >> it seems that much of that is focusing on the sequestration budget cuts and the cliff. set to happen and take effect on january 31. other members of other sunday shows -- by the way, we air all of the network's sunday programs on c-span radio. here is what they had to say this morning on "state of the union." [video clip] >> you have to fo
taxes. if they want to live in america, they should otherwise go back to where they came from. if you have got people just sitting there in the 51%, just sitting without rolling, we need to get them out of the boat. here's the thing, if you have a house and cannot pay your bills, you shut off the cable, the cell phone, you get rid of the excess going to mcdonald's when you do not have the money. we have a spending situation in our government and no one wants to shut it off. the thing about it...
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Dec 26, 2012
12/12
by
FOXNEWSW
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eye 209
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capone was eventually busted for tax evasion and became one of the earliest inmates at what famous prisons? the answer is alcatraz. how could you not know that doocy? >> i had to miss one. >> bill: yeah, i guess you did. >> bill: all right. maccallum. congratulations four for four. but you could still blow it. bernie madoff back in the news this week as the owners of the new york mets settled a their investment in madoff's fund. >> when new york mets owner fred wilpon and his business partner in court today they appeared happy. the legal settlement with the investor's trustee including dropping that wilpon willfully blind when they took money from bernie madoff's ponzi scheme. they did not know they helped steal other investors' money. >> bill: new sentencing. madoff was sentenced to play center field for the mets this season. all right? cruel and inhuman punishment i believe. there is also another madoff baseball connection. another one of his ripped off investors was which hall of fame pitcher? noland playing for markdy koufax. pfeiffer steve doocy playing for. maccallum went to me i don
capone was eventually busted for tax evasion and became one of the earliest inmates at what famous prisons? the answer is alcatraz. how could you not know that doocy? >> i had to miss one. >> bill: yeah, i guess you did. >> bill: all right. maccallum. congratulations four for four. but you could still blow it. bernie madoff back in the news this week as the owners of the new york mets settled a their investment in madoff's fund. >> when new york mets owner fred wilpon...